Company Overview
Team Drainage Ltd is a Dissolved Private Limited Company.
Registered Address

Riverside House, Irwell Street, Manchester, M3 5EN
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Companies House Data
Company NameTEAM DRAINAGE LTD
Company Number08977336
Registered Office AddressRiverside House
 Irwell Street
 M3 5EN
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date03/04/2014
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2021
Accounts Last Made Up Date31/10/2019
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date01/05/2017
Returns Last Made Up Date03/04/2016
Previous Company NameChanged Date
S.E.P. DRAINAGE SURVEYS LIMITED21 Jan 2020
Directors & Members
Show Resigned
Steven Scholes - Director
(British, 51 years old, born January 1975)
Appointed 14 April 2014
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Steven Scholes
BOSS BREAKS LTD
SCHOLES ESTATES SOURCING LTD
Balance Sheet Unlock full report
Accounts Date 31-Oct-2019 31-Oct-2018 31-Oct-2017
Balance Sheet
Fixed Assets 65,770 34,643 44,586
Current Assets 337,594 178,044 329,468
Creditors Due Within One Year 357,930 53,515 241,996
Working Cap -20,336 124,529 87,472
Total Assets Less Current Liabilities 45,434 159,172 132,058
Long-term Liabilities 20,993 60,097 34,205
Net Assets 24,441 99,075 97,853
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 24,441 99,075 97,853
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2019 31-Oct-2018 31-Oct-2017
Tangible Fixed Assets - - -
Fixed Assets 16.3% 16.3% 11.9%
Stocks Inventory - - -
Debtors 83.7% 166.0% 88.1%
Cash Bank In Hand 1.7% - -
Current Assets 83.7% 83.7% 88.1%
Creditors Due Within One Year 88.7% 25.2% 64.7%
Net Current Assets Liabilities -5.0% 58.6% 23.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 6.1% 46.6% 26.2%
Capital Employed - - -
Total Assets Less Current Liabilities 11.3% 74.8% 35.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2019 31-Oct-2018 31-Oct-2017
Liquidity Ratio 0.9 3.3 1.4
Solvency Ratio 1.1 1.9 1.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2019 31-Oct-2018 31-Oct-2017
Assets 403,364 212,687 374,054
Debt 378,923 113,612 276,201
Net Assets/Debt 24,441 99,075 97,853
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around M3 5EN
CAR CARE EXPRESS (NW) LTD
Unit 4 Trinity Row, East Ordall Lane, Manchester, M3 5EN
Document Filings
Final Gazette dissolved following liquidation
Termination of appointment of Michael James Seddon as a director on 14 June 2022
Administrator's progress report
Notice of move from Administration to Dissolution
Administrator's progress report
Notice of extension of period of Administration
Statement of affairs with form AM02SOA
Administrator's progress report
Change of details for Mr Michael James Seddon as a person with significant control on 30 June 2020
Change of details for Mr Steven Scholes as a person with significant control on 30 January 2020
Confirmation statement made on 18 March 2021 with updates
Notice of deemed approval of proposals
Statement of administrator's proposal
Appointment of an administrator
Registered office address changed from Peel House Peel Road Skelmersdale WN8 9PT England to Riverside House Irwell Street Manchester M3 5EN on 27 October 2020
Satisfaction of charge 089773360002 in full
Notification of Team Drainage Survey Ltd as a person with significant control on 18 October 2019
Notification of Michael Seddon as a person with significant control on 30 June 2020
Confirmation statement made on 17 April 2020 with updates
Previous accounting period shortened from 31 August 2020 to 31 October 2019
Director's details changed for Steven Scholes on 12 April 2020
Previous accounting period shortened from 31 October 2019 to 31 August 2019
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